---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-004862"
form_type: "8-K/A"
ticker: "TOON"
cik: "0001355848"
company_name: "Kartoon Studios, Inc."
filed_at: "2026-06-16T16:41:54+00:00"
generated_at: "2026-06-16T16:43:39.303529+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kartoon Studios receives $50M settlement from additional party in Augenbaum litigation

## Summary
- Corrected settlement amount is $50,000,000 (original 8-K erroneously reported $5,000,000).
- Court approved the settlement agreement with the additional Settling Party on June 11, 2026.
- Settlement payments to the company are net of plaintiff's counsel fees and expenses.
- Action continues against two remaining defendants in the Southern District of New York.
- All other disclosures in the original 8-K remain unchanged.

## SEC filing metadata
- accession: 0001683168-26-004862
- form_type: 8-K/A
- ticker: TOON
- cik: 0001355848
- company_name: Kartoon Studios, Inc.
- filed_at: 2026-06-16T16:41:54+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1355848/000168316826004862/0001683168-26-004862-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355848/000168316826004862/kartoon_8ka1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-004862
- JSON: https://secwatch.observer/filing/0001683168-26-004862.json
- Plain text: https://secwatch.observer/filing/0001683168-26-004862.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.